Trump orders halt to penny production over high manufacturing costs
Trump directs Treasury to halt penny production, citing high costs. The U.S. Mint loses millions annually, fueling debate over the coin's future amid rising metal prices....
Tag : currency
Lebanon devalues its currency by 90 percent, market rate is much lower
According to central bank governor Riad Salameh, Lebanon will adopt a new official exchange rate of 15,000 pounds per U.S. dollar on Feb. 1. This represents a 90% reduction from the current official rate which has remained unchanged for 25 years. A shift from 1,507 to 15,000 is still far......